It's easy to be a town crier - "the sky is falling!" and all that. I've been saying that the job market will soon be turning evil for younger people and that an employers market will soon be upon us - just like when I graduated from college in the late '70's (egads - can it really be over 30 years?)
Anyway, that employers market helped to frame my generation into thinking that working 80 hours a week was necessary because in the beginning, if we didn't work them there would be a line of people waiting to take our jobs who would. As time went on, we thought the insane hours were leading to a first-class ticket up the career ladder.
Simultaneously, we gave our kids everything and rewarded them for everything. This is the generation that received a trophy for playing T-ball. It was all about making our kids feel good because we felt guilty for being away so much at work.
Now they're entering the workforce after going to college and racking up some serious debt. It's a rude reality and there is nothing we can do to take it away this time. Click on this segment from tonight's Nightly News with Brian Williams.
April 7: This year's college graduation class, the largest in American history, is entering the worst job market in modern history. NBC's Maria Menounos reports. http://www.msnbc.msn.com/id/3032619/vp/30095684#30095684
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